As underlined by Mexico’s President Enrique Peña Nieto this past August 3rd during his enactment speech of the transcendental Secondary Laws, the creation of a new entity in charge of regulating and overseeing oil and gas operations is expected to be announced by the end of a 90-day period.
According to PEMEX, the [...]Continue Reading →
In an interview granted to Atzayaelh Torres from newspaper El Financiero, SENER Undersecretary for Hydrocarbons Lourdes Melgar stated the first few privately extracted barrels of oil that count towards Mexico’s national production index can be expected to appear before the end of the current President Enrique Peña Nieto’s administration, which runs from 2012 to 2018. [...]Continue Reading →
Leaders within PEMEX and the overall public sector of the energy industry have been busy granting interviews and offering statements in the wake of Wednesday’s announcements. These declarations have sought to explore the way in which the Energy Reform will impact PEMEX’s future strategy. For example, a piece in newspaper Reforma titled “PEMEX Evaluates importing [...]Continue Reading →
The following is the second part of our translation of Emilio Lozoya Austin’s speech during yesterday’s announcement.
The second pillar in PEMEX’s strategy is the most important in the short term regarding partnerships and associations for the development of the fields assigned to it in Round Zero. We are talking about 10 projects that are [...]Continue Reading →